Contents

Introduction

In this screen all the different machines used in production are set up.

Machine

Add machines to be used in production processes.

Machine Category: which grouping of machines this particular machine belongs to

Purchase Year: the date of purchase of the machine

Lifespan: the estimated time that the machine can be used for the production process

Cost

Set the full cost of a related machine.

In the Cost tab, all cost and amortization information is entered:

Valid from Date: start date for the amortization

Purchase Amount: the amount that is paid for the machine

Cost: cost per UOM automatically populated after the above information about the machine is filled out, based on the calculation: Value/Year / UOM Annual Cost. In the above example this is 3750 / 2350 = 1.60.

Cost UOM: indication of how the cost should be calculated, per hour, per produced units, etc.

Toolset Amount: extra amount for the machine, for example for components

Amortization: number of years in which the amortization for the machine will take place

Value/Year: amortization amount per year, based on the calculation: (Purchase Amount + Toolset Amount) / Amortization. In the above example this is (10,000 + 5,000) / 4 = 15,000 / 4 = 3,750. The value is populated when the amount of year of amortization is entered.

Work Days/Year: amount of days per year that the machine is used

Work Hours/Day: number of hours per day that the machine is used

Idle Time/Year: number of hours that the machine is not working in a year, for example because it is in maintenance.